Home > Uncategorized > Challenges


Like all communities today, this tough economy has placed significant challenges to the City’s budget.  In preparation for these tough times the city administration has identified the General Fund as a significant area of concern.  In reviewing budget projections for the next three years, the General Fund will be faced with serious financial constraints.

Our biggest challenge is reduction in General Fund revenues due to:

  • Reduction in property taxes collected due to declining property values
  • Reduction in revenue sharing from the State of Michigan
  • Reduction in interest earnings on City investments

 In conjunction with City Council, staff is examining the General Fund to identify:

  • Core services
  • Secondary services
  • Desirable services

With that information the city administration will consider adjustments to the proposed budget that will be presented to City Council during the upcoming budget sessions.

Categories: Uncategorized
  1. No comments yet.
  1. No trackbacks yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: